INTRODUCTION

Money is an important part of our everyday lives, and we use it physically or electronically everyday to make payments for goods and services rendered.
There are many modes by which payments can be made these days, and with cryptocurrencies on the scene, the options out there increased.
Kinesis ensures that users are able to have their funds work to their benefit. By holding on to tokens, users are rewarded. By carrying out transactions or referring people, they also get a piece of the pie. Kinesis ensures that there is no need to hoard currencies, and its tokens can be used to retain value, seeing it’s backed by a 1:1 ratio of physical gold and silver stored. This is important, because gold and silver are precious metals that have been stable over the ages. Hence, they offer stability to Kinesis tokens, which ensures that they can be used as a primary means of payment globally, seeing they are not volatile like other cryptocurrencies.

what is Kinesis?

Kinesis is a monetary system, it provides a system that stimulates the use of its coin for daily use via providing rewards for its use. It is primarily backed via allocated gold and silver. By other words, Kinesis is a monetary system is an evolutionary step beyond any monetary system available in the world today. It is based on blockchains.

Advantages of KINESIS Monetary System

The KINESIS Monetary System can be superimposed on everything/anything that can be traded, standardized or stored as value. This includes, currency markets, investment markets etc.

Security
Due to the stability of the KINESIS Monetary System, it is less risky and more profitable to engage in the KINESIS system in comparison to other markets.

User in control
The KINESIS Monetary System allocates legal title directly to the user. This is in contrast to our current banking system, where the bank hold legal title of the deposits of their customers and thus, can put these deposits at risk through various activities. Thus, with KINESIS, the user is in charge.

Scalability
Given the high yield KINESIS would generate, capitals from markets experiencing low yields would be attracted to KINESIS. Thus, the KINESIS Monetary System is highly scalable. Some of these markets which KINESIS would attract capital from includes:
Cryptocurrency Markets
Gold & Silver Markets
Fiat Currency Markets
Investment Markets

Rewarded according to participation
Recall that I made mention that KINESIS attracts capital from other markets. Once capitals are put into KINESIS, a unique multifaceted yield system that stimulates commercial exchange is attached to the capital. Via this unique multifaceted yield system, users are rewarded fairly in accordance to participation and velocity of the capital.

Kinesis INITIAL TOKEN OFFERING (ITO)

The Kinesis Velocity Token (KVT) is an ERC20 compatible utility token. This token will be used to raise the capital necessary to launch the Kinesis Monetary System. Holders of KVT collectively earn a percentage of transaction fees from the business operators within the system.
The ITO is currently in pre-sale with the public sale launching on September 10th, 2018 through to November 11th, 2018.

Use-Case

Jimbo is a crypto holder. However he hoards his crypto, hoping that the price would increase, so he sells them. However with KINESIS, he is incentivized to spend his crypto. Thus, he makes additional cool cash while enabling the use of crypto in day to day commercial activities.

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MORE INFORMATION & RESOURCES:

https://kinesis.money/en/kinesis-etheralabs/

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